We’re in a ‘vibecession,’ experts say. Here’s how to invest

The U.S. economy has remained remarkably strong. Boosted by a strong labor market, the country has continued to expand since the Covid-19 pandemic, sidestepping earlier recessionary forecasts even after a series of Federal Reserve interest rate increases. And yet, consumer sentiment recently sank to a six-month low. That disconnect is what Joyce Chang, JPMorgan’s chair of global research, calls a “vibecession.” […]

How to effectively use credit cards for summer travel

Klaus Vedfelt | Digitalvision | Getty Images If you plan to spend money on travel as the days get longer, sunnier and warmer, be careful: It could leave you with high-interest debt you will still be paying off through the fall and winter. Almost half (45%) of Americans plan to take a summer trip requiring […]

How to calculate capital gains taxes when selling your home

Westend61 | Westend61 | Getty Images As home values climb, more Americans owe capital gains taxes when selling property. But knowing how to calculate your home’s profit could reduce your bill, experts say. Most Americans do not owe taxes for selling a primary residence because of a special tax break — known as the Section […]

How to reduce capital gains taxes on your home sale

The Good Brigade | Digitalvision | Getty Images More Americans are paying capital gains taxes on home sale profits amid soaring property values — but there are ways to reduce your bill, experts say. In 2023, nearly 8% of U.S. home sales yielded profits exceeding $500,000, compared with about 3% in 2019, according to an […]

Americans can’t stop ‘spaving’ — here’s how to avoid this financial trap

Spending more to save more is an all-too common pitfall. The opportunities for so-called “spaving” are nearly everywhere, whether it’s the lure of a “limited-time deal” or “buy one, get one free” or tacking on additional items to get a bigger discount or simply to reach the free shipping threshold. But spending to save can lead […]

Too many eggs in 1 basket? How to diversify while owning a few stocks

Here’s our Club Mailbag email [email protected] — so you send your questions directly to Jim Cramer and his team of analysts. We can’t offer personal investing advice. We will only consider more general questions about the investment process or stocks in the portfolio or related industries. This week’s question: I thought Jim mentioned having around five […]

How to avoid the ‘survivor’s penalty’ before a spouse passes

Jessie Casson | Digitalvision | Getty Images It’s hard to lose a spouse, and a costly surprise makes it even more difficult, especially for older women — higher taxes. But financial experts say there are several ways to prepare. In 2022, there was a 5.4-year life expectancy gap between U.S. sexes, according to data from […]

How to trade Nvidia and alternatives to the AI juggernaut

CNBC Pro readers flocked this week to several stories on Nvidia and other ways to play the stock’s monstrous rally. A little-known nuclear stock also caught the attention of subscribers. The top Pro story this week was ” Sell Nvidia or stick with it? Here’s what investors say ” in which several investors discuss what […]